Pinnacle Bank (OTCMKTS:PBNK) Announces Quarterly Earnings Results

Pinnacle Bank (OTCMKTS:PBNK) released its quarterly earnings data on Thursday. The company reported $0.25 earnings per share for the quarter, Zacks reports. Pinnacle Bank had a return on equity of 4.58% and a net margin of 9.61%.

Pinnacle Bank Price Performance

OTCMKTS:PBNK opened at $18.30 on Friday. Pinnacle Bank has a twelve month low of $16.00 and a twelve month high of $20.95. The stock has a market cap of $109.25 million, a P/E ratio of 22.59 and a beta of 0.24. The firm’s fifty day simple moving average is $17.60 and its 200 day simple moving average is $17.43.

About Pinnacle Bank

Pinnacle Bank, a commercial bank, provides various depository and credit services in Santa Clara, San Benito, and Monterey counties. The company offers checking, savings, money market, sweep, and individual retirement accounts, as well as certificates of deposit and certificates of deposit account registry services. It also provides home equity lines of credit and single family home construction loans; and loans and lines of credit, letters of credit, commercial real estate, and government assisted loans, as well as credit cards.